wholesale dealers can draft retail sales thru TriStar Motors LLC

DMV Licensing Choices

All dealer license applicants must select the type of dealership they wish to create.

The choices are:

Wholesale Only

Wholesale only dealers sell from dealer to dealer, auction or dismantler, A wholesale only dealer cannot sell directly to the public. We offer drafted sale assistance for wholesale only dealers wishing to sell an inventory unit to the public.

Wholesale dealers selling 24 units per year or less require a $ 10k bond.

Wholesale dealers selling 25 units or more per year require a $ 50k bond.

Wholesale dealers do not need parking, outside or inside signs.

Zoning approval is usually simple and may allow a home based dealership if separate entrance requirements are met.

Retail

A retail license includes a wholesale license. Retail dealers are unrestricted in whom they can sell their inventory to. Retail dealerships require a commercial location with local zoning approval including assigned parking, inside and outside signs. Mixed use locations may qualify with zoning approval and separate offices. Only one dealer may occupy a USPS approved address.

All retail dealers, except motorcycles require a $ 50k bond.

AutoBroker Endorsement

Any dealer, wholesale or retail, with a $50k bond, local zoning approval and an outside sign may choose to become a licensed autobroker.

AutoBrokers may legally collect a finders fee when they bring a customer to a selling dealer. AutoBrokers must establish a trust account and have written authorization signed by the buyer to get paid. AutoBrokers may collect fees from the buyer and the selling dealer with full written disclosure. The fee is $ 125. then $75. per year

AutoBrokers are legally allowed to deliver brokered dealer inventory provided they have assigned their own dealer plate and have dealer insurance on file.

Call jonathan@autoconnection.com to broker new cars, 415-331-5983

Drafted Sales for Wholesale Only Dealers

TriStar Motors LLC as the only licensed retail dealer / broker certified to teach DMV dealer education offers wholesale dealers the ablity to draft retail sales on their retail dealer / broker license. Red Flag Certification required and fees are $ 250. per transaction. Restrictions apply.

Call joseph@gotplates.com to arrange a drafted sale, 800-901-5950.

private class to become a licensed used car dealer in walnut creek

are you ready to get licensed??
we can show you how to obtain:
dealer plates
auction access
dealer fleet insurance
used car dealer surety bond
licensed dmv registration agent
licensed dmv verification agent
we have folks that can build your entire dmv car dealer license application
private classes in turlock, modesto, stockton, los banos and tracy
Joseph Weatherman
415-730-3131
DMV Certified Dealer Education Provider since 1998
#realcardealerschool

 

California Auto Dealer Training & Certification

The teaching mandates

 awareness of all applicable regulations.

Our goal is to accomplish the mandate of the DMV and provide a reliable educational resource for new and existing dealers throughout California.

Our extensive background in law enforcement training made the transition to dealer education simple.

Operating an existing dealership allows us to deliver a hands on teaching experience.

Our teaching addresses the frustration some experience trying to find simple, concise answers to dealership questions.

Founded in 1998, TriStar Motors LLC.
DMV Service Provider CCC0004

#realcardealerschool

800-901-5950